Click on the links below to view SEC notices of exchange rule changes and proposals for the week of October 2 to October 6, 2017.
Clearance and Settlement
- LCH SA: Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Options on Index Credit Default Swaps (Release No. 34-81819; File No. SR-LCH SA-2017-006)
- LCH SA: Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Options on Index Credit Default Swaps (Release No. 34-81818; File No. SR-LCH SA-2017-007)
- ICC: Order Approving Proposed Rule Change Relating to ICC's Liquidity Risk Management Framework and ICC's Stress Testing Framework (Release No. 34-81797; File No. SR-ICC-2017-012)
Corporate Governance
- GEMX: Order Granting Approval of a Proposed Rule Change, as Modified by Amendment No. 1 Thereto, to Adopt New Corporate Governance and Related Processes Similar to Those of the Nasdaq Exchanges (Release No. 34-81802; File No. SR-GEMX-2017-37; October 3, 2017)
- NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Reflect a Change to the Administrator for the London Bullion Market Association Silver Price to ICE Benchmark Administration (Release No. 34-81792; File No. SR-NYSEArca-2017-113)
- MRX: Notice of Filing of Proposed Rule Change to Adopt New Corporate Governance and Related Process Similar to Those of the Nasdaq Exchanges (Release No. 34-81795; File No. SR-MRX-2017-18); see also Exhibit 5A, Exhibit 5B, Exhibit 5C, Exhibit 5D, Exhibit 5E
Fees, Fines, Rebates, and Claims
- C2: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Fees Schedule (Release No. 34-81836; File No. SR-C2-2017-026); see also Exhibit 5
- NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Reduce the Fees for Certain Investment Management Entities and Eligible Portfolio Companies (Release No. 34-81838; File No. SR-NASDAQ-2017-100)
- NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Waive Nasdaq's Entry Fee When a New Entity Lists in Connection with Certain Transactions between Two or More Nasdaq-Listed Companies (Release No. 34-81837; File No. SR-NASDAQ-2017-096)
- NYSEAMER: Notice of Filing and Immediate Effectiveness of Proposed Change to Modify the NYSE American Options Fee Schedule (Release No. 34-81828; File No. SR-NYSEAMER-2017-22; October 5, 2017); see also Exhibit 5
- Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Related to Transaction Fees (Release No. 34-81825; File No. SR-BatsBYX-2017-25); see also Exhibit 5
- CBOE: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Fees Schedule (Release No. 34-81827; File No. SR-CBOE-2017-063); see also Exhibit 5
- FINRA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to the Review Charges for Communications Filed with or Submitted to FINRA (Release No. 34-81801; File No. SR-FINRA-2017-030; October 3, 2017)
- ISE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Remove Obsolete Text from Options Regulatory Fee Rule (Release No. 34-81803; File No. SR-ISE-2017-85; October 3, 2017)
- NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Remove Obsolete Text from Options Regulatory Fee Rule (Release No. 34-81805; File No. SR-NASDAQ-2017-099; October 3, 2017)
- NASDAQ OMX BX: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Remove Obsolete Text from Options Regulatory Fee Rule (Release No. 34-81804; File No. SR-BX-2017-040; October 3, 2017)
- NASDAQ: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Exchange's Connectivity Fees at Rule 7051 (Release No. 34-81798; File No. SR-NASDAQ-2017-097); see also Exhibit 5
- NYSE Arca: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Schedule of Fees and Charges Relating to the Listing Fees Applicable to Exchange Traded Products (Release No. 34-81796; File No. SR-NYSEArca-2017-105); see also Exhibit 5
Products and Listings
- Bats BZX: Notice of Filing of a Proposed Rule Change to List and Trade Shares of the CBOE S&P 500 Dividend Aristocrats Target Income Index ETF under the ETF Series Solutions Trust, Under Rule 14.11(c)(3), Index Fund Shares (Release No. 34-81815; File No. SR-BatsBZX-2017-58)
- NASDAQ: Notice of Filing of Proposed Rule Change to Modify the Listing Requirements Related to Special Purpose Acquisition Companies Listing Standards to Reduce Round Lot Holders on Nasdaq Capital Market for Initial Listing From 300 to 150 and Eliminate Public Holders for Continued Listing from 300 to Zero, Require $5 Million in Net Tangible Assets for Initial and Continued Listing, and Impose a Deadline to Demonstrate Compliance with Initial Listing Requirements on All Nasdaq Markets Within 30 Days Following Each Business Combination (Release No. 34-81816; File No. SR-NASDAQ-2017-087); see also Exhibit 5
- NYSE: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend its Price List to Permit Affiliated Member Organizations that are Supplemental Liquidity Providers (Release No. 34-81791; File No. SR-NYSE-2017-50); see also Exhibit 5
- NYSE Arca: Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, to List and Trade Pursuant to NYSE Arca Rule 5.2-E(j)(3) Twelve Series of Investment Company Units (Release No. 34-81794; File No. SR-NYSEArca-2017-560)
- Phlx: Notice of Filing of Proposed Rule Change to Amend Rule 1009 to Modify the Criteria for Listing an Option on an Underlying Covered Security (Release No. 34-81814; File No. SR-Phlx-2017-75); see also Exhibit 5
Trading and Trade Reporting
- FINRA: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend FINRA Rule 6121 to Reflect Recent Amendments to the Regulation NMS Plan to Address Extraordinary Market Volatility (Release No. 34-81824; File No. SR-FINRA-2017-031); see also Exhibit 5
- Phlx: Order Approving a Proposed Rule Change Relating to Quarterly Trading Requirements (Release No. 34-81826; File No. SR-Phlx-2017-67)
- Bats BYX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.9, Orders and Modifiers, to Add New Optional Functionality to Minimum Quantity Orders (Release No. 34-81806; File No. SR-BatsBYX-2017-24; October 3, 2017); see also Exhibit 5
- Bats BZX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Rule 11.9, Orders and Modifiers, to Add New Optional Functionality to Minimum Quantity Orders (Release No. 34-81807; File No. SR-BatsBZX-2017-62; October 3, 2017); see also Exhibit 5
- NYSE Nat: Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Adopt Rules to Establish a Rule Numbering Framework in Connection with the Re-Launch of Trading on the Exchange (Release No. 34-81782; File No. SR-NYSENAT-2017-04; September 29, 2017); see also Exhibit 5
- FINRA: Order Approving a Proposed Rule Change Relating to Capital Acquisition Broker Rules 203 (Engaging in Distribution and Solicitation Activities with Government Entities) and 458 (Books and Records Requirements for Government Distribution and Solicitation Activities) (Release No. 34-81781; File No. SR-FINRA-2017-027; September 29, 2017)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.